d) Ahmad invested 12,000 to his 3 children when they years old. If his 3 children will 12,000 at 12compounded monthly. This investment will be given when they reach 20 years old. Now, his 3 children are 18, 16 and 14 children will receive equal amount of money, calculate the amount cach of them will receive (5 marks) d) Ahmad invested 12,000 at 12 to his 3 children when they reach years old. If his 3 children will recer cach of them will receive 4,000 ar 12% compounded monthly. This investment will be given on when they reach 20 years old. Now, his 3 children are 18, 16 and 14 bis 3 children will receive equal amount of money, calculate the amount (5 marks) (18 marks) QUESTION 3 KM350 is deposited every month for 3 years and 3 months at 9% compounded monthly. Compute: i. The future value of this annuity at the end of the period. (3 marks) i. The interest earned from the investment (2 marks) b) Compute the present values of the following annuities: 1. RM800 every month for two years five months at 5% compounded monthly. ii. RM950 every three months for three years nine months 6% compounded quarterly. (3 marks) c) RM200 is invested every month in an account that pays 18% compounded monthly for 2 years. After the two years, no more deposits are made. i. Compute the amount of the account at the end of 5 years. (3 marks) ii. Compute the interest earned. (5 marks) (2 marks) *** END OF QUESTIONS ***